If you shop at Fred Meyer for groceries and fill up at the fuel center, the Fred Meyer credit card promises to turn both into rewards and fuel points. The question is whether the earn rates are strong enough to make it your go-to card.
Here is what the Fred Meyer credit card actually pays, what it costs, and how it stacks up as of June 2026.
Key Facts at a Glance
| Feature | Fred Meyer Rewards Mastercard |
|---|---|
| Issuer | U.S. Bank National Association |
| Network | Mastercard (open-loop, usable anywhere Mastercard is accepted) |
| Annual fee | $0 |
| Rewards | Up to 5% on mobile wallet/Kroger Pay, 2% in stores, 1% elsewhere |
| Fuel points | Earn fuel points on purchases, redeemable at Fred Meyer and Kroger fuel centers |
| Welcome bonus | Bonus fuel points offer for new approved cardholders |
| Purchase APR | Variable, roughly 14% to 24% depending on credit (as of June 2026) |
| Foreign transaction fee | $0 |
| Score needed | Good credit, roughly 670 and up (researched range) |
| Reports to bureaus | Yes, to the major consumer credit bureaus |
Who Issues the Fred Meyer Credit Card
The Fred Meyer credit card is issued by U.S. Bank National Association, with Fred Meyer (part of the Kroger family of companies) as the brand partner. The main version is the Fred Meyer Rewards World Elite Mastercard.
Because it runs on the Mastercard network, this is an open-loop card. You can use it anywhere Mastercard is accepted, not only at Fred Meyer. That makes it far more flexible than a closed-loop store card.
How the Rewards Work
The Fred Meyer Rewards Mastercard uses a tiered earning structure. As of June 2026, you earn up to 5% back on purchases made through mobile wallet and Kroger Pay, 2% on purchases made inside Fred Meyer and Kroger family stores, and 1% on everything else.
The rewards come back as Rewards Points, and the card also feeds the Fred Meyer fuel points program. You can redeem fuel points at Fred Meyer and Kroger Family of Companies fuel centers for cents-off-per-gallon savings.
New cardholders typically get a bonus fuel points offer after approval and enrollment. If you drive a lot and shop at Kroger-family stores often, those fuel savings can add up across the year.
APR and Fees
The card has no annual fee, which keeps it low-cost to hold. As of June 2026, the purchase APR is variable and lands roughly in the mid-teens to mid-20s percent range, depending on your credit profile at approval.
There is no foreign transaction fee, so it works without surcharge when you travel or shop from international merchants. Late and returned payment fees apply per the cardholder agreement.
As with any rewards card, the value only holds if you pay in full each month. Carrying a balance means interest that easily outweighs 2% to 5% in rewards.
How It Compares to Other Rewards Cards
The Fred Meyer card shines if you are loyal to Kroger-family stores, but the top 5% rate requires using mobile wallet or Kroger Pay. If you want simpler everyday rewards, a flat-rate card may serve you better. The Aspire Cash Back Rewards Mastercard earns cash back on the same Mastercard network and is not tied to one grocery chain, which helps if you split your shopping across stores. Shoppers focused on food spending can also compare the best credit card for groceries across different budgets.
Aspire® Cash Back Rewards Mastercard
Aspire® Cash Back Rewards Mastercard
Aspire® Cash Back Rewards Mastercard. Prequalify* For Up To $1000 Credit Limit. No security deposit. Packed with great benefits, it’s designed to give you more flexibility—and purchasing power—along with up to 3% cash back rewards!** Good anywhere Mastercard is accepted, it’s the go-to card for any lifestyle.
Standout feature
Up to 3% cashback rewards
Fees
$49 to $175; after that $0 to $49 annually; - $60 to $159 annually billed at $5 to $12.50 per month after the first year.
Pros
No Deposit Required. Prequalify for up to $1000 credit limit
Cons
High APR. 25.74% to 36%, based on your creditworthiness.
If your credit is not yet in the good credit range this card typically needs, building history first makes sense. The Perpay Credit Card reports payments to the credit bureaus and is designed to be approachable, helping you build the track record that later unlocks rewards cards like the Fred Meyer Mastercard.
Perpay Credit Card
Perpay Credit Card
Meet the only card powered by your paycheck. With automatic transfers from your paycheck, you can manage payments stress-free and build credit with ease.
Fee
$9/month plus $9 account opening fee
APR
Marketplace: 0% / Credit Card: 27.74% to 29.99% depending on your creditworthiness.
Minimum Deposit Amount
$0
Credit Check
No
Cashback
2% reward on purchases made in Perpay Marketplace
Benefit
2% rewards, no security deposit
What Users Commonly Report
Reviewers often praise the fuel points as the standout perk, especially for drivers who fill up at Kroger-family fuel centers regularly. Many users mention the no-annual-fee structure makes it easy to keep as a dedicated grocery card.
A common complaint is that the best 5% rate is locked behind mobile wallet and Kroger Pay, which some shoppers find inconvenient. Some users also note that the rewards are most valuable only if you shop heavily within the Kroger family of stores.
Who Should Get the Fred Meyer Credit Card
This card is a strong fit if you regularly shop at Fred Meyer or Kroger-family stores, you fuel up at their stations, and you pay your balance in full each month. The fuel points plus no annual fee make it a solid loyalty card for that lifestyle.
It is a weaker fit if you spread spending across many stores, dislike using mobile wallet to unlock the top rate, or carry a balance. In those cases, a flat-rate cash back card is usually simpler and more rewarding.
If approval is a concern, the Arro Card is an unsecured starter card with no deposit and a limit that can grow over time, which can help you build credit to the level that rewards cards require.
Arro Card
Arro Card
No deposit. No hard credit check. Start with up to $300 and grow your credit line to $2,500 by completing in-app tasks. Earn 1% cash back on gas and groceries — including Walmart and Target.
Standout feature
Unsecured — no deposit required
Fees
up to $60/ year
Pros
1% cash back on gas & groceries
Cons
Starting credit limit: $50–$300
Frequently Asked Questions
Who issues the Fred Meyer credit card?
The Fred Meyer credit card is issued by U.S. Bank National Association, with Fred Meyer as the brand partner. The flagship version is the Fred Meyer Rewards World Elite Mastercard.
Can I use the Fred Meyer credit card anywhere?
Yes. It runs on the Mastercard network, so you can use it anywhere Mastercard is accepted, not just at Fred Meyer. You earn the highest rewards at Kroger-family stores and through Kroger Pay.
Does the Fred Meyer credit card have an annual fee?
No. The card has a $0 annual fee and no foreign transaction fee, so there is no recurring cost to keep it open or to use it abroad.
What credit score do I need for the Fred Meyer credit card?
Based on our research, applicants typically have good credit, often around 670 or higher, with some sources suggesting 700-plus is ideal. Approval also depends on income and your overall credit profile, and the exact requirement is not publicly disclosed.
Terms and conditions apply, and APRs vary by creditworthiness. Confirm current rates, rewards, and fuel-point terms with the issuer before applying.
